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Comparing the following spot quotations with the given cross rate, which statement from your perspective is true? AUD/NZD 1.0946/1.0953 EUR/AUD 1.6665/1.6682 EUR/NZD 1.8028/1.8043 There is
Comparing the following spot quotations with the given cross rate, which statement from your perspective is true? AUD/NZD 1.0946/1.0953 EUR/AUD 1.6665/1.6682 EUR/NZD 1.8028/1.8043 There is an opportunity available, however none of the other answers are correct There is no opportunity available There is a 1.01% opportunity available from triangular arbitrage There is a 1.02% opportunity available from triangular arbitrage There is a 1.10\% opportunity available from triangular arbitrage
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